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Canada is on early moment. Still on Open Banking discussion, not Open Finance. 2024 acelerated since early discussions in 2017.
Open banking is a framework that allows you to share your financial data with financial technology companies of your choice. The Government has taken the first steps to introduce a framework in Canada. There's currently no secure system in Canada to safely share financial data from your bank account with fintechs, other than your bank.
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Leader: Abraham Tachjian - his term of open banking lead ended in Dec, 22.
Payments Canada The road to open banking in Canada | The 2024 SUMMIT
All Starts with:
- PwC review:
linkedin Abraham A. Tachjian on LinkedIn: PwC-Key Takeaways Consumer-Driven Banking Framework | 11 comments
Department of Finance Canada Budget 2024: Canada’s Consumer-Driven Banking Framework
Innovation, Science and Economic Development Canada Money and finances
Financial Consumer Agency of Canada Open banking
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